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Sunday, January 24, 2010

 

Bernanke to be Retained? Bernie Sanders, who placed a “hold” on the re-nomination, has picked up some support and momentum, so another term is not locked up.

Federal Reserve Chairman Ben Bernanke faced mounting Senate opposition for another four-year term Friday, even as the White House described President Barack Obama as confident about his confirmation.

Sen. Barbara Boxer of California announced she'll vote against Bernanke, adding another Democrat to the ranks of those arrayed against Bernanke. "It is time for a change — it is time for Main Street to have a champion at the Fed," she said.

Democratic Sens. Russ Feingold of Wisconsin and Bryon Dorgan of North Dakota also said they'll oppose Bernanke on the Senate floor. Feingold faults Bernanke for missing a high-risk culture at financial companies that led to a near economic meltdown late last year. Dorgan also is upset that the Fed has kept secret the identities of firms that drew emergency loans from the Fed. http://www.time.com/time/printout/0,8816,1956067,00.html

Health care: Pass Some “elements” of the Bill? Confusing signals continue; the Democrats remain divided.

"No, that's not true at all. I think what he's saying is let's take a look at this. There are so many elements of this -- tax breaks for small business, extending the life of Medicare, more assistance for seniors with their prescription drugs, a cap on out-of-pocket expenses, help for people with pre-existing conditions -- that are too important to walk away from. What he's saying is, let's get back to it." – David Axelrod http://abcnews.go.com/ThisWeek/week-transcript-obama-adviser-david-axelrod-sens-jim/story?id=9636625

David Plouffe‘s Fightin’ Words Newly designated the coordinator of the Fall Election effort, 2008 campaign manager Plouffe sounds a more aggressive note, recommending that the Administration proceed with the following:

*Pass a meaningful health insurance reform package without delay. Americans' health and our nation's long-term fiscal health depend on it. I know that the short-term politics are bad. It's a good plan that's become a demonized caricature. But politically speaking, if we do not pass it, the GOP will continue attacking the plan as if we did anyway, and voters will have no ability to measure its upside. If we do pass it, dozens of protections and benefits take effect this year. Parents won't have to worry their children will be denied coverage just because they have a preexisting condition. Workers won't have to worry that their coverage will be dropped because they get sick. Seniors will feel relief from prescription costs. Only if the plan becomes law will the American people see that all the scary things Sarah Palin and others have predicted -- such as the so-called death panels -- were baseless. We own the bill and the health-care votes. We need to get some of the upside. (P.S.: Health care is a jobs creator.)

* We need to show that we not just are focused on jobs but also create them. Even without a difficult fiscal situation, the government can have only so much direct impact on job creation, on top of the millions of jobs created by the president's early efforts to restart the economy. There are some terrific ideas that we can implement, from tax credits for small businesses to more incentives for green jobs, but full recovery will happen only when the private sector begins hiring in earnest. That's why Democrats must create a strong foundation for long-term growth by addressing health care, energy and education reform. We must also show real leadership by passing some politically difficult measures to help stabilize the economy in the short term. Voters are always smarter than they are given credit for. We need to make our case on the economy and jobs -- and yes, we can remind voters where Republican policies led us -- and if we do, without apology and with force, it will have impact.

* Make sure voters understand what the American Recovery and Reinvestment Act did for the economy. Rarely does a congressional vote or issue lend itself to this kind of powerful localization. If GOP challengers want to run ads criticizing the recovery act as wasteful, Democratic candidates should lift up the police officers, teachers and construction workers in their state or district, those who are protecting our communities, teaching our children and repairing our roads thanks to the Democrats' leadership. Highlight the small-business owners who have kept their doors open through projects funded by the act.

The recovery act has been stigmatized. We need to paint the real picture, in human terms, of what it meant in 2010. In future elections, it will be clear to all that instead of another Great Depression, Democrats broke the back of the recession with not a single Republican vote in the House. In the long run, this will haunt Republicans, especially since they made the mess. [...]

* No bed-wetting. This will be a tough election for our party and for many Republican incumbents as well. Instead of fearing what may happen, let's prove that we have more than just the brains to govern -- that we have the guts to govern. http://www.washingtonpost.com/wp-dyn/content/article/2010/01/22/AR2010012204216.html

Citizens United: Contrary Read i.e. Corporations are already so powerful/dominant that the decision can’t make it that much worse. Glenn Greenwald

I'm also quite skeptical of the apocalyptic claims about how this decision will radically transform and subvert our democracy by empowering corporate control over the political process. My skepticism is due to one principal fact: I really don't see how things can get much worse in that regard. The reality is that our political institutions are already completely beholden to and controlled by large corporate interests (Dick Durbin: "banks own" the Congress). Corporations find endless ways to circumvent current restrictions -- their armies of PACs, lobbyists, media control, and revolving-door rewards flood Washington and currently ensure their stranglehold -- and while this decision will make things marginally worse, I can't imagine how it could worsen fundamentally. All of the hand-wringing sounds to me like someone expressing serious worry that a new law in North Korea will make the country more tyrannical. There's not much room for our corporatist political system to get more corporatist. Does anyone believe that the ability of corporations to influence our political process was meaningfully limited before yesterday's issuance of this ruling?

I'm even more unpersuaded by the argument -- seen in today's New York Times Editorial -- that this decision will "ensure that Republican candidates will be at an enormous advantage in future elections." What evidence is there for that? Over the past five years, corporate money has poured far more into the coffers of the Democratic Party than the GOP -- and far more into Obama's campaign coffers than McCain's (especially from Wall Street). If anything, unlimited corporate money will be far more likely to strengthen incumbents than either of the two parties (and unlimited union spending, though dwarfed by corporate spending, will obviously benefit Democrats more). Besides, if it were the case that this law restricts the ability of Republicans far more than Democrats to raise money in election cycles, doesn't that rather obviously intensify the First Amendment concerns? http://www.salon.com/news/opinion/glenn_greenwald/2010/01/22/citizens_united/index.html

Afghanistan: Looking for a way out, there’s more talk of living with the Taliban

General Stanley McChrystal, the Nato commander in Afghanistan, has raised the prospect that his troop surge will lead to a negotiated peace with the Taliban.

Gen McChrystal will urge his allies to renew their commitment to his strategy at a conference in London this week.

In a Financial Times interview, he acknowledged growing scepticism about the war, but said he was poised to make “very demonstrably positive” progress this year as a result of the arrival of an extra 30,000 US troops.

By using the reinforcements to create an arc of secure territory stretching from the Taliban’s southern heartlands to Kabul, Gen McChrystal aims to weaken the insurgency to the point where its leaders would accept some form of settlement with Afghanistan’s government.

“As a soldier, my personal feeling is that there’s been enough fighting,” he said. “What I think we do is try to shape conditions which allow people to come to a truly equitable solution to how the Afghan people are governed.”

Asked if he would be content to see Taliban leaders in a future government in Kabul, he said: “I think any Afghans can play a role if they focus on the future, and not the past.” http://www.ft.com/cms/s/0/30b0c4d8-091f-11df-ba88-00144feabdc0.html

Meanwhile, their elections are postponed

Afghanistan's election commission announced Sunday that it is postponing scheduled parliamentary elections from May until September, bowing to logistical concerns, worries about potential voting fraud and the likelihood that the U.S. troop "surge" will lead to intensified fighting in parts of the country.

As the troop buildup continues, five more U.S. service members were killed in the past 24 hours in the volatile south of Afghanistan, the focus of the surge and where the Taliban insurgency is most entrenched.

NATO's International Security Assistance Force reported that three Americans were killed Sunday by improvised explosive devices, or IEDs, and that two more Americans died on Saturday, also from roadside bombs.

Their deaths bring to 26 the number of U.S. service members killed in Afghanistan this month, according to the Web site iCasualties.org, which tracks U.S. and coalition fatalities. U.S. military commanders said they expect casualties to continue to grow as the fighting escalates. http://www.washingtonpost.com/wp-dyn/content/article/2010/01/23/AR2010012300672_pf.html

Pakistan: Military Avoids their Taliban There’s been a long-standing agreement to not mess with them, and Pakistan’s intelligence service has long played footsie with the “militants.”

The Pakistani Army’s announcement last week that it planned no new offensive against militants for as long as a year has deeply frustrated senior American military officers, and chipped away at one of the cornerstones of President Obama’s strategy to reverse the Taliban’s gains in Afghanistan and Pakistan.

When Mr. Obama announced his decision in December to send 30,000 additional troops to Afghanistan, he and his aides made clear that the chances of success hinged significantly on Pakistan’s willingness to eliminate militants’ havens in its territory, including in the tribal region of North Waziristan. United States officials described the American and NATO surge of troops as a hammer, but they said it required a Pakistani anvil on the other side of the border to prevent the Taliban from retreating to the mountains.

Now that strategy appears imperiled by Pakistan’s latest statement. On Thursday, soon after Defense Secretary Robert M. Gates arrived on a two-day trip to the country, the Pakistani Army’s chief spokesman, Maj. Gen. Athar Abbas, rebuffed American pressure to step up attacks in North Waziristan. That area is the main base of operations for the Haqqani network, which stages operations against American and Afghan forces in Afghanistan. It is believed to be responsible for many of the attacks on Kabul, including a devastating assault early last week near the presidential palace. http://www.nytimes.com/2010/01/25/world/asia/25waziristan.html?ref=global-home&pagewanted=print

Iraq War: Illegal, says Chief Legal Brit. However belated, good to have another confirming voice.

Tony Blair's decision to take Britain to war in Iraq was illegal, the Foreign Office's former chief legal adviser will tell the Chilcot inquiry this week.

The Observer has been told that Sir Michael Wood, who was the FO's most senior lawyer, is ready to reveal that, in the run-up to war, he was of the opinion that the conflict would have been unlawful without a second UN resolution. This will provide an explosive backdrop to the former prime minister's appearance before the inquiry on Friday.

The evidence from Wood, who will appear before the committee on Tuesday, will provide the firmest proof to date of the bitter wranglings that divided the government in the countdown to war.

His testimony will come the day before the appearance of Lord Goldsmith, the former attorney general, who is said to have dropped his legal objections days before the invasion, following intense pressure from Blair and his closest advisers, and the US authorities. http://www.guardian.co.uk/uk/2010/jan/24/iraq-chilcot-inquiry-michael-wood

-R




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